10 Investing Strategies to Become a Millionaire Retiree
Figuring out how to get to seven figures
What does it take to retire a millionaire? Mathematically, that's easy to answer. If your savings are growing at 7% annually, you can reach $1 million by contributing $400 monthly for 40 years or $815 monthly for 30 years. You could also calculate thousands of other combinations of growth rates, monthly contributions, and timelines. Unfortunately, math is only part of the, ahem, equation.
You also need to know a few investing tricks to make your targeted growth achievable. Here are 10 investment strategies to turn that long stream of retirement contributions into a seven-figure balance over time.
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